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NEW QUESTION: 1
If the bank uses the minimax regret criterion for selecting the location of the branch, it will select.
A. L3.
B. L1.
C. L4.
D. L2.
Answer: D
Explanation:
Under the minimax regret criterion, the decision maker selects the choice that minimizes the maximum regret (opportunity cost)the maximum regret for each location is determined from the opportunity loss matrix. The maximum regret for each location is the highest number in each column as indicated below.

The location with the minimum regret is L2. If demand is low, L2 has a payoff -2, whereas L1 has a payoff of 7. A bank plans to open a branch in one of five locations labeled L1, L2, L3, L4, L5). Demand for bank services may be high, medium, or low at each of these locations. Profits for each location-demand combination are presented in the payoff matrix.

NEW QUESTION: 2


Answer:
Explanation:

Explanation

NEW QUESTION: 3
A client's initial six sessions with an ACE certified Personal Trainer each had comparable training volumes
with no indicators of joint stress, psychological discomfort, or overtraining Each session was completed with
increased ease The client's total rest/recovery time was more than 10 minutes per session Which program
modification is MOST appropriate for the client's seventh training session''
A. Decrease training volume or session duration.
B. Increase rest/recovery time.
C. increase training volume or decrease rest/recovery time.
D. Increase resistance, duration, total number of sets, and number of exercises.
Answer: D